Star Equity Holdings Inc reports results for the quarter ended in March - Earnings Summary

Star Equity Holdings

20/05/2024 14:31

* Star Equity Holdings Inc  STRR.OQ  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 6 cents.  The mean expectation of two analysts for the
quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -11 cents to -6 cents per share.
    * Revenue fell 64.5% to $9.12 million from a year ago;
analysts
expected $10.25 million. 
    * Star Equity Holdings Inc's reported EPS for the quarter
was a
loss of 17 cents​.
    * The company reported a quarterly loss of $2.7 million.
    * Star Equity Holdings Inc shares had fallen by 0.9% this
quarter and lost 15.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 22.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Star Equity
Holdings Inc is $5.00 
This summary was machine generated from LSEG data May 20 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.08          -0.17          Missed
 Dec. 31 2023      -0.08          -0.03          Beat
 Sep. 30 2023      -0.12          -0.20          Missed
 Jun. 30 2023      0.47           -0.06          Missed